Featured Lender

Annie Mac Home Mortgage is a full service direct lender. Jeff runs a team of seasoned mortgage professionals with years of experience. His team focuses on first time home buyers, FHA, VA, USDA and reverse mortgage products. Jeff’s specialty is the FHA 203k rehab mortgage for both purchases and refinances. He writes blogs about his 203K experiences; you can see those here on WhatIsYourRate.com. Contact Annie Mac Home Mortgage to receive competitive rates, low fees and expert advice.

Are you a lender in this state? Would you like to be listed here? Only 2 spots left! Contact us today!

Maryland Conventional Mortgage Lenders – Virtually all lenders offer conventional loan products. When in search for an Maryland conventional loan, make certain you are receiving the best possible rate with the best possible terms and the lowest closing costs associated with your particular loan. Maryland conventional loan requirements differ greatly from an Maryland FHA loan in regards to maximum loan amounts, minimum down payments, loan-to-value ratios and credit criteria so make sure you have educated yourself on your loan options before speaking with a Maryland lender.

Maryland FHA Mortgage Lenders – Not all Maryland mortgage companies are approved to offer FHA loan products. Maryland lenders are required to adhere to certain guidelines set forth by the FHA so when you are in search of an FHA loan, make certain that the Maryland lender you are working with is approved by the Federal Housing Administration. Maryland FHA maximum loan limits are set by HUD and differ for each county in each state (use the table below to find Maryland’s maximum loan amount). Down payment, loan-to-value and credit criteria are much more relaxed than conventional loans so ensure your Maryland lender is getting you the best possible rate for your particular financial situation.

WhatisyourRate.com is not HUD, nor are we a lender. We connect you to the information you need when trying to find an approved lender. We make recommendations to use certain approved lenders in certain states, however WhatisYourRate.com is not a lender just an information guide for choosing the correct lender. Please investigate, do research and be thorough when trying to decide what loan is for you.

The CY2011 basic standard mortgage limits for FHA insured loans are:

One-family

Two-family

Three-family

Four-family

FHA Forward

$271,050.00

$347,000.00

$419,425.00

$521,250.00

HECM

$625,500.00

Fannie/Freddie

$417,000.00

$533,850.00

$645,300.00

$801,950.00

High cost area limits are subject to a ceiling based on a percent of the Freddie Mac Loan limitsThe ceilings for CY2011 are:

One-family

Two-family

Three-family

Four-family

FHA Forward

$625,500.00

$800,775.00

$967,950.00

$1,202,925.00

HECM

$417,000.00

Fannie/Freddie

$625,500.00

$800,775.00

$967,950.00

$1,202,925.00

Section 214 of the National Housing Act provides that mortgage limits for Alaska, Guam, Hawaii, and the Virgin Islands may be adjusted up to 150 percent of the new ceilings. This results in new CY2011 ceilings for these areas of:

FHA Lending States

Please note that WhatIsYourRate.com is not a mortgage lender. This is not, and is not intended to be, a mortgage application. Once you have completed this expression of interest (or information request form) your information will be sent to our participating lenders. You will be contacted by telephone and/or email. By submitting your expression of interest you are consenting to receive telephone calls from our participating lenders even if you have previously listed yourself on any internal company, state or federal Do-Not-Call List.